Joe Biden Administration Sanctions Hundreds of Companies to Choke Russia's Supplies of Military Technology

By Jace Dela Cruz

May 02, 2024 04:56 AM EDT

The administration of President Joe Biden on Wednesday announced nearly 300 new sanctions targeting international suppliers of military equipment technology accused of helping Russia in its war against Ukraine.

According to The New York Times, these sanctions target a wide range of individuals and companies, including over a dozen in China, allegedly assisting Russia's military efforts. It comes amid US officials' increasing concern about the growing weapons technology alliance between Russia and China.

President Biden Departs The White House For Campaign Event In Delaware
WASHINGTON, DC - APRIL 30: U.S. President Joe Biden departs the White House on April 30, 2024 in Washington, DC. Biden is traveling to Delaware for a campaign event.
(Photo : Kevin Dietsch/Getty Images)

Joe Biden Administration Introduces More Sanctions to Disrupt Russia's War Efforts

In a statement released on Wednesday, US Treasury Secretary Janet Yellen said these sanctions would further disrupt Russia's war efforts by targeting its military-industrial base and supply networks.

The announcement follows Yellen's recent trip to China, where she warned Chinese officials that Chinese firms and financial institutions found to facilitate support for Russia's war efforts would face penalties.

Chinese counterparts assured her that China does not provide military aid to Russia. At the conclusion of his separate visit to China last week, US Secretary of State Antony Blinken emphasized the significance of China's support for Russia's military operations in Ukraine, stressing that without Beijing's support, Moscow would struggle to sustain its war effort.

The Treasury Department accused the Chinese companies facing sanctions of supplying Russia with critical components such as infrared detectors, drone parts, and missile sensors.

READ NEXT: Joe Biden Keeps Donald Trump's China Tariffs Despite Clashing on Many Policy Issues: Here's Why  

More Entities Sanctioned by the Joe Biden Administration

In addition to Chinese entities, the sanctions also target companies from Azerbaijan, Belgium, Turkey, and the United Arab Emirates, along with Russian individuals and firms involved in Moscow's procurement activities for chemical and biological weapons.

The Treasury Department expects the sanctions to have a more significant impact following Joe Biden's executive order last year, which broadened the US government's authority to target banks and financial institutions helping Russia evade sanctions on access to military and defense-related technology and equipment.

READ MORE: Russia, China Agree to Boost Economic and Security Ties to Counter US Dominance in Europe and Asia

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